Economy
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Economy
The curious tale of RBNZ's bank capital reveal
A regulator is about to announce some important decisions, decisions that will impact not only the share prices of the major companies it regulates, but the wider economy as well.The most immediate market gauge of the latter will be the impact on the New Zealand dollar.So, the re...
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Economy
Will there be another rate cut in 2020?
Most economists are still tipping at least one more interest rate cut in 2020, but they are decidedly more cheerful about the coming year as both the global and domestic outlook improves.“We think it is too soon to declare the battle won and retain our call for one further Reserv...
Economy
Agri sector to grow, but challenges abound
Strong commodity prices and global demand are still powering New Zealand’s agriculture sector but 2020 won’t be without its challenges.Total export revenue from the sector is tipped to hit $47.9 billion in the year ending June 2020, up 3.3 percent on the prior year, according to...
Economy
No resting on their laurels for NZ's banks in 2020
The Reserve Bank's final decisions on bank capital requirements in late 2019 came as a great relief to the banks but they can't count on 2020 being plain sailing.The prudential regulator has given every sign that it intends to take a much more aggressive approach to its duties th...
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Pattrick Smellie
Founding Editor
Pattrick was judged New Zealand's best overall columnist and business columnist of the year at the Voyager 2021 Media Awards. He has more than 35 years’ experience reporting and working in New Zealand politics and the commercial sector. A former Press Gallery chairman, he is an award-winning journalist and has worked for titles including The Dominion, The Press, Sunday Star-Times and National Business Review. He was the first NZ correspondent for The Australian and co-founded BusinessDesk in 2008.
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